Mastercard Incorporated (NYSE:MA – Get Free Report) CFO Ling Hai sold 4,318 shares of the business’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $642.43, for a total transaction of $2,774,012.74. Following the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at approximately $22,966,872.50. This represents a 10.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hai Ling also recently made the following trade(s):
- On Monday, November 2nd, Ling Hai sold 4,317 shares of Mastercard stock. The shares were sold at an average price of $641.00, for a total value of $2,767,197.00.
- On Friday, October 16th, Ling Hai sold 4,317 shares of Mastercard stock. The shares were sold at an average price of $620.00, for a total value of $2,676,540.00.
Mastercard Trading Down 1.7%
Shares of MA opened at $647.13 on Wednesday. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $661.34. The firm has a market cap of $566.89 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 1.86 and a beta of 0.78. The business’s fifty day moving average is $589.30 and its 200-day moving average is $537.28.
Mastercard (NYSE:MA – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion during the quarter, compared to the consensus estimate of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. Mastercard’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the prior year, the company earned $4.38 EPS. Equities analysts anticipate that Mastercard Incorporated will post 19.99 EPS for the current fiscal year.
Mastercard Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be issued a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard’s payout ratio is 18.20%.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard reported third-quarter revenue of $9.81 billion, up 14% year over year, and earnings per share of $5.31, exceeding analyst expectations. Management cited broad growth across its payments network and value-added services. Q3 results and growth drivers
- Positive Sentiment: Mastercard is expanding its agentic-commerce and cross-border payments efforts through partnerships with OpenAI and Tencent, including plans to deepen remittance ties and enable overseas wallets to pay at participating QR merchants in China. These initiatives could broaden payment volume and acceptance over time. OpenAI and Tencent partnerships Tencent payment and remittance plans
- Positive Sentiment: Several analysts raised their price targets after the earnings report, including UBS to $750 and Cantor Fitzgerald to $765, reflecting confidence in Mastercard’s growth outlook. Cantor Fitzgerald target increase
- Neutral Sentiment: Mastercard introduced free cybersecurity lessons for European small and midsize businesses. The program may strengthen customer relationships and resilience, though its direct financial impact is unclear. Cybersecurity lessons for SMEs
- Negative Sentiment: CFO Ling Hai sold roughly 8,635 shares across two transactions, reducing his stake by about 10.8%. The sales were made under a pre-arranged Rule 10b5-1 plan, which can temper concerns that they reflect a fresh view on the company. SEC filing on CFO share sales
Wall Street Analyst Weigh In
A number of research firms have weighed in on MA. Weiss Ratings raised shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. TD Cowen upped their price objective on shares of Mastercard from $667.00 to $726.00 and gave the company a “buy” rating in a research note on Friday, October 30th. Wells Fargo & Company increased their price objective on shares of Mastercard from $668.00 to $731.00 and gave the stock an “overweight” rating in a research report on Friday, October 30th. Dbs Bank upgraded shares of Mastercard to a “moderate buy” rating in a research report on Friday, August 21st. Finally, Piper Sandler lifted their target price on shares of Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Mastercard has an average rating of “Moderate Buy” and a consensus price target of $702.91.
Check Out Our Latest Stock Analysis on Mastercard
Hedge Funds Weigh In On Mastercard
A number of hedge funds have recently added to or reduced their stakes in the stock. Atlatl Advisers LLC boosted its holdings in shares of Mastercard by 2.8% during the 3rd quarter. Atlatl Advisers LLC now owns 586 shares of the credit services provider’s stock valued at $323,000 after purchasing an additional 16 shares during the last quarter. Foster Group Inc. grew its position in shares of Mastercard by 0.9% during the third quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock valued at $1,170,000 after purchasing an additional 18 shares in the last quarter. Shakespeare Wealth Management LLC increased its holdings in shares of Mastercard by 3.8% in the third quarter. Shakespeare Wealth Management LLC now owns 492 shares of the credit services provider’s stock worth $271,000 after purchasing an additional 18 shares during the last quarter. Bell Investment Advisors Inc increased its holdings in shares of Mastercard by 3.6% in the third quarter. Bell Investment Advisors Inc now owns 513 shares of the credit services provider’s stock worth $283,000 after purchasing an additional 18 shares during the last quarter. Finally, Athena Wealth Management LLC lifted its position in shares of Mastercard by 3.8% in the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after buying an additional 19 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.
About Mastercard
Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
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